Infrastructure Cess as levied in Finance Bill 2016

By | March 2, 2016

CHAPTER VII OF  FINANCE BILL 2016

INFRASTRUCTURE CESS

Infrastructure Cess

Section 159. (1) In the case of goods specified in the Eleventh Schedule, being goods manufactured or produced, there shall be levied and collected for the purposes of the Union, a duty of excise, to be called the Infrastructure Cess, at the rates specified in the said Schedule for the purposes of financing infrastructure projects.

(2) The cess leviable under sub-section (1), chargeable on the goods specified in the Eleventh Schedule shall be in addition to any other duties of excise chargeable on such goods under the Central Excise Act, 1944 or any other law for the time being in force.

(3) The provisions of the Central Excise Act, 1944 and the rules made thereunder, including those relating to assessment, non-levy, short-levy, refunds, interest, appeals, offences and penalties, shall, as far as may be, apply in relation to the levy and collection of the cess leviable under sub-section (1) in respect of the goods specified in the Eleventh Schedule as they apply in relation to the levy and collection of the duties of excise on such goods under the said Act or the rules, as the case may be.

(4) The cess leviable under sub-section (1) shall be for the purposes of the Union and the proceeds thereof shall not be distributed among the States.

ELEVENTH

Second Schedule, Central Excise Tariff Act, 1985

Tariff Item       Description of goods

8703 10 Vehicles specially designed for travelling on snow; golf cars and similar vehicles:
8703 10 10 Electrically operated
8703 10 90 Other
Other vehicles, with spark-ignition internal combustion reciprocating piston engine :
8703 21 Of a cylinder capacity not exceeding 1,000 cc :
Other :
8703 21 91 —- Motor cars
8703 21 92 —- Specialised transport vehicles such as ambulances, prison vans and the like
8703 21 99 —- Other
8703 22 Of a cylinder capacity exceeding 1,000 cc but not exceeding 1,500 cc :
8703 22 20 Specialised transport vehicles such as ambulances, prison vans and the like
Other :
8703 22 91 —- Motor cars
8703 22 99 —- Other
8703 23 Of a cylinder capacity exceeding 1,500 cc but not exceeding 3,000 cc :
Other :
8703 23 91 —- Motor cars
8703 23 92 —- Specialised transport vehicles such as ambulances, prison vans and the like
8703 23 99 —- Other
8703 24 Of a cylinder capacity exceeding 3,000 cc :
Other :
8703 24 91 —- Motor cars
8703 24 92 —- Specialised transport vehicles such as ambulances, prison vans and the like
8703 24 99 —- Other
Other vehicles, with compression Ignition internal combustion piston engine (diesel or semi-diesel):
8703 31 Of a cylinder capacity not exceeding 1,500 cc:
Other :
8703 31 91 —- Motor cars
8703 31 92 —- Specialised transport vehicles such as ambulances, prison vans and the like
8703 31 99 —- Other
8703 32 Of a cylinder capacity exceeding 1,500 cc but not exceeding 2,500 cc:
Other:
8703 32 91 —- Motor cars
8703 32 92 —- Specialised transport vehicles such as ambulances, prison vans and the like
8703 32 99 —- Other
8703 33 Of a cylinder capacity exceeding 2,500cc :
Other :
8703 33 91 —- Motor cars
8703 33 92 —- Specialised transport vehicles such as ambulances, prison vans and the like
8703 33 99 —- Other
8703 90 Other :
8703 90 10 Electrically operated
8703 90 90 Other

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